Presented by Randy Thibaut and Justin Thibaut of LSI Companies, Inc.
August 11, 2020
EVENT PROGRAM
CELEBRATING 10 YEARS OF DELIVERING REAL ESTATE FACTS
IN SOUTHWEST FLORIDA
BENEFITING THE LEE & COLLIER BUILDING INDUSTRY ASSOCIATIONS
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SOUTHWEST FLORIDA’S FULL-SERVICE REAL ESTATE FIRM
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Randy Thibaut is the CEO and founder of LSI Companies, Inc., a full-service real estate firm specializing in the feasibility, develop-ment, acquisition, and disposition of land and improved prop-erties throughout Southwest Florida. Thibaut has been actively involved in the creation, development, sales and marketing of residential and resort developments throughout the area since 1982. He has more than 30 years of experience in the Southwest Florida real estate industry with residential and commercial sales, development, project management, and new home construc-tion. Thibaut has personally brokered over two billion dollars in real estate transactions locally.
Justin Thibaut, a native of Fort Myers, has coordinated the sale of over $150M in land and improved property transactions since joining LSI Companies in 2016. He specializes in commercial real estate analysis and the acquisition and disposition of commercial properties throughout Southwest Florida. With a background in-cluding the planning and construction of major capital projects valued up to $1 Billion in the Nuclear and Oil & Gas industries, Justin brings a new perspective to the local market and insights into how our commercial landscape will grow and transform near-term.
RANDY THIBAUTCEO
LSI COMPANIES, INC.
JUSTIN THIBAUT, CCIMPRESIDENT / PARTNERLSI COMPANIES, INC.
Matt Walsh is the Editor, CEO, and owner of The Observer Media Group Inc., and publisher of the Business Observer. Over the past 25 years, Walsh and his colleagues have grown Observer Media Group to include multimedia operations with 10 weekly news-papers, one daily business paper, six websites, two quarterly life-style magazines, and multiple social media channels. Altogether, the company’s newspapers, websites and social media reach a weekly audience of more than 350,000. Headquartered in Sara-sota, the company employs 100 people around the state. Walsh has been covering Florida business and its economy for 38 years.
MATT WALSHOWNER, CEO, EDITOR
OBSERVER MEDIA GROUP
MARKET TRENDS SPEAKERS
MARKET TRENDS TEAM
Nelson Taylor, MRICS, MSRE serves as the Market Research Di-rector for LSI Companies. He focuses on the market analytics of residential and commercial properties throughout Southwest Florida, in order to provide clients with clear market analysis. Nelson has 9 years of real estate experience where he supplied services for a broad range of commercial real estate product types throughout Florida. Nelson has worked directly with cli-ents to develop market-based solutions in response to complex real estate issues for use in strategic asset management, invest-ment analysis, portfolio valuation and litigation.
Richard Yager serves as the Director of Marketing for LSI Com-panies and is responsible for the planning, development, and implementation of all internal and external marketing strate-gies and communications. Additionally, he is heavily involved in the branding and event execution of Market Trends and Mar-ket Watch, two of the largest annual real estate conferences in Southwest Florida. Richard has 14 years of experience in mar-keting and communications and has a degree in Journalism and Mass Communication from the University of Oklahoma.
Rob Mintz, MBA, ALC is the Property Research Manager for LSI Companies. Rob conducts analyses to determine feasibility and valuations of commercial properties and land investments in the Southwest Florida area. Rob has over twenty years of ana-lytic experience and is an Accredited Land Consultant (ALC). He attended Boston University, and also has an MBA from Hofstra University in New York where he is originally from. Rob was for-merly the Director of Research for two prominent commercial real estate firms prior to joining LSI Companies.
RICHARD YAGERDIRECTOR OF MARKETING
ROB MINTZMBA, ALC
PROPERTY RESEARCH MANAGER
NELSON TAYLOR MRICS, MSRE
MARKET RESEARCH DIRECTOR
| 7 |
CHARLOTTE, LEE, AND COLLIER COUNTIESResidential Units Permitted
YEAR ISSUED RESIDENTIAL UNITS(JAN. 1 - JUNE 30)
ISSUED RESIDENTIAL UNITS(YEAR-END)
2017 7,555 13,603
2018 8,175 17,600
2019 6,939 15,910
2020 8,789 ??
2000 - 2020 Trend Line for Residential Permits
View the full Q2 Market Trends report at www.LSIcompanies.com
Data compiled, analyzed and presented by LSI Companies, Inc. The statements and figures presented herein, while not guaranteed,
are secured from sources we believe authoritative.
This proprietary information may not be reproduced without the permission of LSI Companies, Inc.
| 8 |
CHARLOTTE, LEE, AND COLLIER COUNTIES Top Builders by Total Units Permitted
July 1, 2019 – June 30, 2020
RANK BUILDER UNITS TYPE
1 Lennar 2,053
2 Brooks & Freund 1,915 Apartments/ Assisted Living
3 DR Horton 1,693
4 Pulte 1,018
5 Kaufman Lynn Construction 851 Apartments
6 GL Homes 385
7 JHS Builders 360
8 Taylor Morrison 357
9 Thompson Thrift 324 Apartments
10 Deangelis Diamond 318 Apartments
11 Courtelis Construction 318 Apartments
12 Prime Home Builders 312 Apartments
13 NRP Contractors 300 Apartments
14 Essian Construction 228 Apartments
15 CC Devco 219
16 Garrett Construction Company 195 Apartments
17 Maronda Homes 177
18 Stock 174
19 Adams Homes 168
20 Better Spaces Southeast 160 Apartments
21 Habitat for Humanity* 160
22 SN Construction 150
23 Toll Brothers 145
24 Neal Communities 142
25 Gates Construction 123 Apartments
*All Counties
Data compiled, analyzed and presented by LSI Companies, Inc. The statements and figures presented herein, while not guaranteed, are secured from sources we believe authoritative. This proprietary information may not be reproduced
without the permission of LSI Companies Inc.
| 9 |
RANK MULTI-FAMILY BUILDER UNITS TYPE
1 Brooks & Freund 1,915 Apartments
2 Kaufman Lynn Construction 851 Apt./ALF
3 Lennar 805
4 Thompson Thrift 324 Apartments
5 Deangelis Diamond 318 Apartments
6 Courtelis Construction 318 Apartments
7 Prime Home Builders 312 Apartments
8 NRP Contractors 300 Apartments
9 DR Horton 278
10 Essian Construction 228 Apartments
11 Garrett Construction Co. 195 Apartments
12 Better Spaces Southeast 160 Apartments
13 SN Construction 150 Duplex
14 Gates Construction 123 Apartments
15 Manhattan Construction 121 Condos
CHARLOTTE, LEE, AND COLLIER COUNTIESTop Builders by Single Family and
Multi-Family Residential Units PermittedJuly 1, 2019 – June 30, 2020
This chart includes single family attached homes
RANK SINGLE FAMILY BUILDER UNITS
1 DR Horton 1,415
2 Lennar 1,248
3 Pulte 976
4 JHS Builders 360
5 GL Homes 307
6 Taylor Morrison 239
7 CC Devco 219
8 Maronda Homes 177
9 Stock 174
10 Adams Homes 168
11 Habitat for Humanity* 152
12 LGI Homes 105
13 Snyder Construction 91
14 Holiday Builders 88
15 Quality Premier LLC 68
16 Toll Brothers 66
17 Ashton Woods 63
18 Neal Communities 62
19 Metro Home Builders 58
20 DM Dean Inc 57
View the full Q2 Market Trends report at www.LSIcompanies.com
Data compiled, analyzed and presented by LSI Companies, Inc. The statements and figures presented herein, while not guaranteed,
are secured from sources we believe authoritative.
This proprietary information may not be reproduced without the permission of LSI Companies, Inc.
*All Counties
| 1 0 |
CHARLOTTE, LEE, AND COLLIER COUNTIESTop Communities by Residential Units Permitted
July 1, 2019 – June 30, 2020
RANK COMMUNITY UNITS COUNTY BUILDER
1 Babcock Ranch 467 Charlotte Various
2 Place at Corkscrew 299 Lee Lennar / Pulte
3 Naples Reserve 284 Collier DR Horton / Stock
4 Ave Maria 275 Collier Pulte / CC Devco
5 Arborwood Preserve 198 Lee Lennar
6 Esplanade G & CC 191 Collier Taylor Morrison / Stock
7 Valencia 190 Lee GL Homes
8 Villages at Entrada 172 Lee DR Horton
9 Portico 169 Lee Lennar
10 Tern Bay (Heritage Landing) 160 Charlotte Lennar
11 Orange Blossom Ranch 152 Collier Lennar / Pulte
12 River Hall 146 Lee Various
13 Wildblue 130 Lee Various
14 Waterford 120 Charlotte DR Horton
15 Marblebrook / The Grove 120 Lee DR Horton
16 Lindsford 119 Lee DR Horton
17 Fiddler's Creek 110 Collier Various
18 Plantation / Bridgetown 109 Lee Pulte
19 Bent Creek Preserve 104 Collier Lennar
20 Marina Bay 102 Lee GL Homes
21 Bonita National 100 Lee Lennar
22 Pelican Preserve 99 Lee Lennar
23 Azure at Hacienda Lakes 98 Collier Toll Brothers
24 Westbrook 96 Lee Pulte
25 Seasons 95 Lee DR Horton
Data compiled, analyzed and presented by LSI Companies, Inc. The statements and figures presented herein, while not guaranteed, are secured from sources we believe authoritative. This proprietary information may not be reproduced
without the permission of LSI Companies Inc.
| 11 |
CHARLOTTE, LEE, AND COLLIER COUNTIESTop Communities by Single Family Detached
Residential Units PermittedJuly 1, 2019 – June 30, 2020
RANK COMMUNITY UNITS COUNTY
1 Babcock Ranch 311 Charlotte
2 Place at Corkscrew 299 Lee
3 Ave Maria 267 Collier
4 Naples Reserve 226 Collier
5 Villages at Entrada 172 Lee
6 Portico 155 Lee
7 Valencia 150 Lee
8 River Hall 146 Lee
9 Wildblue 130 Lee
10 Isles of Collier Preserve 122 Collier
11 Esplanade G & CC 111 Collier
12 Fiddler's Creek 110 Collier
13 Plantation/Bridgetown 109 Lee
14 Arborwood Preserve 108 Lee
15 Westbrook 96 Lee
View the full Q2 Market Trends report at www.LSIcompanies.com
Data compiled, analyzed and presented by LSI Companies, Inc. The statements and figures presented herein, while not guaranteed,
are secured from sources we believe authoritative.
This proprietary information may not be reproduced without the permission of LSI Companies, Inc.
| 12 |
CHARLOTTE, LEE, AND COLLIER COUNTIESTop Communities by Multi-Family
Residential Units Permitted*July 1, 2019 – June 30, 2020
RANK COMMUNITY UNITS COUNTY
1 Babcock Ranch 156 Charlotte
2 Tern Bay (Heritage Landing) 138 Charlotte
3 Kalea Bay 121 Lee
4 Orange Blossom Ranch 96 Collier
5 Arborwood Preserve 90 Lee
6 Esplanade G & CC 80 Collier
7 Waterford 71 Charlotte
8 Antillies 68 Collier
9 Omega at Bonita Bay 67 Lee
10 Bent Creek Preserve 60 Collier
11 Naples Reserve 58 Collier
12 Naples Grande London Bay 55 Collier
13 Isles of Collier Preserve 54 Collier
14 Casa Di Fiori 52 Lee
15 Arboretum 52 Collier
*For sale product onlyThis chart includes single family attached homes
View the full Q2 Market Trends report at www.LSIcompanies.com
Data compiled, analyzed and presented by LSI Companies, Inc. The statements and figures presented herein, while not guaranteed,
are secured from sources we believe authoritative.
This proprietary information may not be reproduced without the permission of LSI Companies, Inc.
| 13 |
SOUTHWEST FLORIDA
NEW HOMESthroughout Southwest Florida from the $100s to over $1M*
239.560.4461 | drhorton.com/swfla
D.R. Horton is An Equal Housing Opportunity Builder. *Home and community information, including pricing, included features, terms, availability and amenities, are subject to change and prior sale at any time without notice or obligation. Pictures, photographs, features, colors, and sizes are approximate for illustration purposes only and will vary from the homes as built. CBC1258802
During these challenging times, Pavese Law is committed to continue serving our clients’ legal needs.
Agricultural • Banking & Finance • Business & Corporate • Civil LitigationCondominium and Homeowners’ Associations • Construction • Employment • Environmental & Water Estate Planning, Probate and Trusts • Land Use & Local Government • Marital & Family • Real Estate
Our experience is your advantage.
PaveseLaw.com
MAIN OFFICEFort Myers - 239.334.2195BRANCH OFFICESCape Coral - 239.542.3148West Palm Beach - 561.471. 1366
| 14 |
CHARLOTTE, LEE, AND COLLIER COUNTIESHome Affordability for Median Income Household
View the full Q2 Market Trends report at www.LSIcompanies.com
Data compiled, analyzed and presented by LSI Companies, Inc. The statements and figures presented herein, while not guaranteed,
are secured from sources we believe authoritative.
This proprietary information may not be reproduced without the permission of LSI Companies, Inc.
Home prices above based upon:• All costs, made into monthly payments• Assuming down payment of 10% of home price• Taxes estimated at 1.2% in Collier, 1.5% in Lee, and 1.4% in Charlotte at 90% of home value less $50k homestead
deduction• Insurance estimated at 1% of home price• Total monthly payment based on 30% rule of thumb
Hom
e Pr
ice
Interest Rate
| 15 |
MEDIAN HOME SALE PRICESCollier County
View the full Q2 Market Trends report at www.LSIcompanies.com
Data compiled, analyzed and presented by LSI Companies, Inc. The statements and figures presented herein, while not guaranteed,
are secured from sources we believe authoritative.
This proprietary information may not be reproduced without the permission of LSI Companies, Inc.
Collier Single Family Detached MLS
Collier Multi-Family MLS
Pric
ePr
ice
# S
old
# S
old
| 16 |
MEDIAN HOME SALE PRICESLee County
View the full Q2 Market Trends report at www.LSIcompanies.com
Data compiled, analyzed and presented by LSI Companies, Inc. The statements and figures presented herein, while not guaranteed,
are secured from sources we believe authoritative.
This proprietary information may not be reproduced without the permission of LSI Companies, Inc.
Lee Multi-Family MLS
Lee Single Family Detached MLS
Pric
e
Pric
e
# S
old
# S
old
| 17 |
AIRPORT TRAFFICThrough June 2020
Southwest Florida International Airport (RSW)
Pass
enge
rsPa
ssen
gers
Ann
ual P
erce
ntag
e C
hang
eA
nnua
l Per
cent
age
Cha
nge
Punta Gorda Airport (PGD)
Data compiled, analyzed and presented by LSI Companies, Inc. The statements and figures presented herein, while not guaranteed, are secured from sources we believe authoritative. This proprietary information may not be reproduced
without the permission of LSI Companies Inc.
| 18 |
NATIONWIDE CONSTRUCTION MATERIALSPrice Change
Source: U.S. Department of Labor – Producer Price Index
Data compiled, analyzed and presented by LSI Companies, Inc. The statements and figures presented herein, while not guaranteed, are secured from sources we believe authoritative. This proprietary information may not be reproduced
without the permission of LSI Companies Inc.
| 19 |
NATIONWIDE CONSTRUCTION MATERIALSPrice Change
Source: U.S. Department of Labor – Producer Price Index
Data compiled, analyzed and presented by LSI Companies, Inc. The statements and figures presented herein, while not guaranteed, are secured from sources we believe authoritative. This proprietary information may not be reproduced
without the permission of LSI Companies Inc.
| 2 0 |
Sale Date County City Project Name/Location Seller Buyer Price AcresPrice per
AcreUnits /
LotsPrice per Unit/Lot
Comments
7/15/19 Lee Fort MyersCarlton of Fort
Myers/Metro ParkwayColonial at Metro,
LLPMahaffey Associates
Fort Myers, LLC$6,000,000 43.4 $138,249 442 $13,575 Apartment project
7/15/19 Charlotte Punta Gorda
Sandhill Boulevard/I-75 Sandhill Acquisitions, LLC
JBCC Sandhill, LLC $1,500,000 31.1 $48,294 114 $13,158 Sandhill Preserve (Active Adult Community)
7/17/19 LeeBonita Springs
Seasons at Bonita SpringsForestar (USA) Real
Estate GroupDR Horton Inc. $3,835,350 34 $112,804
Developed lots within the Seasons at Bonita Springs
Community
7/19/19 Lee Fort Myers Murano at Three Oaks Paul FreemanMurano at Three
Oaks Associates, LLC$5,848,000 17.5 $334,745 318 $18,390
Courtelis Development - Apartment Site
7/24/19 Lee EsteroEstero Grande
Sprouts/19990 S Tamiami Trail
Estero Grande, LLCEstero Parkway
Investment Partners, LLC
$2,500,000 3.8 $660,67729,896 Sq. Ft. Sprouts grocery store planned,
construction loan issued
7/30/19 LeeFort Myers
Beach
2000 Main Street/Southside of Main
StreetBallard Inc.
FMBalland, LLC (Ocean Properties)
$4,950,000 3.7 $1,348,774
Ocean Properties is a hotel developer and operator,
plans for the site are not yet known
7/30/19 Lee Cape CoralKismet Industrial Park
Land/2313 NE 24th Ave.Kismet Industrial
Park, LLCKismet Land Trust
(Alex Diaz)$2,300,000 18.1 $126,862
Industrial zoned along future Kismet Parkway Expansion, owner provided financing $1.3MM balloon in August
2022
8/1/19 LeeFort Myers
ShoresRaceTrac Gas Station/SR31
& Palm Beach BoulevardAM & GW, LLC
RaceTrac Petroleum Inc.
$1,100,000 2.7 $405,456Gordon Center Lot 1,
RaceTrac gas station site
8/1/19 Desoto Unincorporated
Sonoma Preserve/Kings Highway
Sonoma Preserve, LLC
SBL Associates, LLC $9,000,000 524.0 $17,176 900 $10,000 Planned manufacture home community
8/5/19 LeeNorth Fort
MyersEnclaves/ E of Bayshore
Road, NS of Donald RoadEnclaves
Investment, LLCPULTE HOME
COMPANY LLC$3,008,000 57.1 $52,680 188 $16,000
Approved Residential Community with 188 units
8/6/19 Collier NaplesMeadowood/S of
Immokalee Rd, WS of Collier Blvd.
Ali R. Ghahramani, MD
DR Horton Inc. $7,500,000 37.6 $199,574 228 $32,895TH Product, 38 buildings, 6
units a building
8/12/19 LeeBonita Springs
Former Lowes Site/10550 Bonita Beach Road SE
Lowes Home Center Inc.
D Pizzuti, LLC $5,500,000 22.6 $243,148
Approved for 136,592 square feet of commercial
floor area. Future plans not known
8/12/19 Lee Cape CoralFirestone/905 Del Prado
Blvd. NLawrence Kitsberg
Palmetto Cape Coral Pine Island Rd, LLC
$899,000 0.9 $1,050,2166,519 SF Firestone Auto Care, Construction Loan
Funded.
8/13/19 Collier Naples 4001 Tamiami Trail E Ki-Li Associates, LLCNeptune Naples,
LLLP$2,800,000 5.8 $479,452
C-3 Zoned site, partially filled, planned for a Keiser
University
8/13/19 Lee Fort Myers16281 Domestic Avenue,
North of Alico RoadHMTW Land Fund I,
LLCGH Domestic Ave,
LLC$2,895,000 23.4 $123,824
Industrial parcel within the Alico 250 industrial park
8/20/19 Collier NaplesHamilton Place/ S of Pine
Ridge ES of Livingston Road
MultipleToll Southeast LP
Company, Inc.$2,521,620 10.0 $252,162 66 $38,206
Hamilton Place 66 TH 24' lots
8/21/19 Collier Naples Naples Reserve / Sutton Cay
SFI Naples Reserve, LLC
D.R. Horton $13,547,400 101 $134,133 101 developed lots
8/27/19 LeeBonita Springs
28120 S Tamiami Trail/SWC of Bonita Beach
Rd & 41Walgreen Co Encore - Bonita, LLC $650,000 1.5 $427,632
Parcel split off from existing Walgreen's, site restricted to maximum building of 4,000
SF
8/29/19 Charlotte Punta Gorda
861 Tamiami Trail/SEC of Toledo Blade & 41
Walgreen Co MHM 41-Toldeo Blade, LLC
$1,000,000 1.9 $524,522 Zoned CG/ FLUM Murdock Village Mixed Use
8/30/19 Lee Fort Myers
Verandah (Magnolia)/Palm Beach Boulevard & Verandah
Boulevard
KH Verandah LLCNeal Communities
of Southwest Florida, LLC
$3,927,000 51 $77,00051 55' lots, $1,400 per Front
Foot
*Representative Sample
Data compiled, analyzed and presented by LSI Companies, Inc. The statements and figures presented herein, while not guaranteed, are secured from sources we believe authoritative. This proprietary information may not be reproduced without the permission of LSI Companies Inc.
REPRESENTATIVE LAND TRANSACTIONS Q3 2019 - Q2 2020*
| 21 |
Sale Date County City Project Name/Location Seller Buyer Price AcresPrice per
AcreUnits /
LotsPrice per Unit/Lot
Comments
9/3/19 Lee Fort MyersLot F-3 International
Commerce Park/ 14450 Global Parkway
Jenisa Investments, LLC
14550 Global Parkway, LLC
(Seagate Development)
$1,074,582 4.1 $261,36041,910 SF Office/Warehouse
Planned
9/10/19 Lee Bonita Springs
Seasons at Bonita Springs Forestar (USA) Real Estate Group
DR Horton Inc. $2,617,420 27 $96,941 27 Developed Lots, 23 40' 3 50' $2,358 Per FF
9/10/19 LeeBonita Springs
Seasons at Bonita SpringsSHR Bonita Springs,
LLCFORESTAR USA REAL ESTATE GROUP INC
$16,000,000 264 $60,606Remaining Developable Land
within Seasons at Bonita Springs
9/10/19 Lee Cape Coral 1701 Old Pondella RoadLG Pine Island &
Pondella, LLCContinental 473
Fund, LLC$975,000 3.5 $274,774 109 $8,945
4-Story 109 Room Fairfield by Marriott Inn & Suites
9/12/19 Lee Fort Myers 4340 Kernel CircleFlorida Warehouse
Developers, LLCU-Haul Co. of
Florida$795,000 1.5 $519,982
Proposed for 22,000 SF of storage-condos
9/16/19 Lee Estero22904 Lyden Drive/Across
From Coconut PointeTulip Associates, LLC
JDM Development Coconut Trace, LLC
$675,000 1.2 $562,500 Commercial Pad Site
9/19/19 Collier Naples Naples Reserve Forestar (USA) Real Estate Group
DR Horton Inc. $3,525,724 30 $117,524 30 Developed Lots within Naples Reserve Phase III
9/20/19 Lee EsteroCorkscrew Shores/
Southside of Corkscrew Road
Corkscrew Lakes LLC (Cameratta)
PULTE HOME COMPANY LLC
$3,738,600 25 $149,54425 Developed Lots within
Corkscrew Shores
9/25/19 Lee Cape CoralLand surrounding VA
Clinic along Corbett Road & NE 24th Ave.
Florida Properties I, LLC
Alex Diax (Ludlum & Miramar Land Trust)
$8,600,000 115.0 $74,783Bought in two transactions
totaling 8.6 MM. Land Zoned CC w/ PIRD FLUM.
9/27/19 Lee Fort MyersArborwoods MF Land/ Treeline & Plantation
Gardens DriveFVP Treeline, LLC SP Plantation, LLC $5,050,000 33.9 $148,924 396 $12,753
Two non contiguous parcels along Treeline, North Parcel 84 units, south parcel 312
MF units.
9/27/19 Lee Fort Myers7/11 Bayshore Planning Community/SWC of N
River Road/S.R. 31
Snowlick Mountain Ranch, LLC
38285 NFM FL LLC (Creighton)
$850,000 2.1 $398,6867/11 Proposed by Creighton
Construction
9/30/19 Lee Fort MyersSanibel Passage/NS of
McGregor Boulevard near Sanibel Causeway
Sanibel Passage Land Holdings, LLC
PRH Sanibel, LLC (Related Group)
$2,850,000 200.5 $14,217 50 $57,000Proposed construction of 50
dwelling units: 15 floors
9/30/19 Collier NaplesManatee Cove / NS of Manatee Road & SS of
Tamiami Trail E.
Argo Manatee Collier, LP
Pulte Home Company, LLC
$4,625,000 90 $51,389
Phase 1 of 3 phase 164 unit SF community, 90 lots in
phase 1 of 40 and 50' totaling 4,040 FF
10/2/19 Lee Fort MyersVerdana MPD/SS of
Corkscrew Road Pan Terra Holdings,
LTD.TPL-LAND SUB, LLC
(Cameratta)$33,000,000 1442.8 $22,872 1,460 $22,603
Approved for 1,460 residential units. Part of the
Verdana Village. Surface Rights extinguished for 2%
of purchase price
10/2/19 Lee Fort Myers14181 Treeline Ave/ES of Treeline Ave across from Global Parkway Entrance
Airport Gateway LTD, Treeline 18, LLC
& Hartemink J/D
Treeline Assemblage, LLC
(Knott Realty Group)$5,858,258 37.1 $158,118
Assemblage of five parcels, Tradeport Future Land Use/
Treeline Commerce Park 335,000 SF of Comm/Ind.
10/2/19 Lee Fort Myers8151 Alico Road/WS of
Domestic Ave & Alico Rd.Joe & Bruce, LLC
Linder Industrial Machinery Company
$2,350,000 10.4 $227,053Zoned IL, 330 feet of
frontage along alico, 1,400 along Domestic Ave
10/3/19 Lee Cape CoralSafstore Skyline/WS of Skyline Road south of
Homed Depot
Commonwealth Foundation for
Cancer ResearchSAFstor Skyline, LLC $1,275,000 2.3 $550,289
Self Storage Facility 33,735 SF
10/3/19 Lee Fort MyersTown Fort Myers
Apts/7922 Dani Drive / south of Colonial Drive
Shops at Village Walk, LLC
(Benderson)
RD Town Village Walk, LLC (Related
Group)$7,900,000 22.2 $355,536 384 $20,573
384 unit MF apt project along Six Mile, construction
loan funded
*Representative Sample
Data compiled, analyzed and presented by LSI Companies, Inc. The statements and figures presented herein, while not guaranteed, are secured from sources we believe authoritative. This proprietary information may not be reproduced without the permission of LSI Companies Inc.
REPRESENTATIVE LAND TRANSACTIONS Q3 2019 - Q2 2020*
| 2 2 |
Sale Date County City Project Name/Location Seller Buyer Price AcresPrice per
AcreUnits /
LotsPrice per Unit/Lot
Comments
10/7/19 Lee Fort MyersArborwood Village CPD/
W of Treeline NS of Daniels Parkway
DP-TA Associates LTD
FMFL Hotel Partners, LLC
$1,475,000 2.6 $567,308 120 $12,292Proposed for Hotel
development
10/7/19 Lee Fort MyersEncore at the Forum/
South of Mosaic Apartments in the Forum
Champion Development Corporation
EMF FM Forum, LLC (Encore Enterprises)
$4,896,000 12.8 $382,500 288 $17,000Encore Enterprises plans a 288 unit apartment project
within the Forum
10/8/19 Lee Cape Coral2301 SW Pine Island
Road/ NS of Pine Island Road W of Chiquita Blvd.
Florida Properties III, LLC
Surfside Corner, LLC $6,250,000 122.0 $51,230 PIRD Future Land Use
10/9/19 Lee Cape Coral
4330 Burnt Store Road/NWC of Durden Parkway & Burnt Store
Road
Cape Coral Partners, LLC
Durden 28, LLC $1,100,000 28.5 $38,610Adjacent to the Resort at Tranquility Lake RV Park
10/15/19 Lee Fort Myers16100 Lee Road/NS of Alico Road / WS of Lee
Road16100 Lee Road, LLC
Amedicus Partners, LLC
$1,115,500 6.7 $165,997Approved Industrial
Development (Alico Road 250 Subdivision)
10/31/19 Lee Fort MyersCenterplace at Lake Club/E
of Ben Hill S of AlicoAlico West Fund,
LLCCenter Place Apartments
$7,500,000 23.8 $315,126 300 $25,000300 Unit apartment project,
construction loan funded
11/8/19 CharlottePunta Gorda
Waterford EstatesMaxcy Development
Group HoldingsDR Horton Inc. $5,138,050 163 $31,522 Developed Lots
12/2/19 Lee Fort MyersCoastal Key West/ 17860
Winkler RoadHeartwood 23, LLC
Neal Communities of Southwest Florida, LLC
$2,750,000 19.3 $142,413
Proposed SF residential community, previous eagle
affected site plan along with mineral reservations
12/5/19 LeeBonita Springs
Bonita Grande MPD/NWC of Bonita Grande Dr. &
Bonita Beach RoadSFI Eagle Land, LLC
Lynx Zuckerman at Bonita Grande, LLC
$4,750,000 67.5 $70,370Proposed for mixed use
development
12/5/19 CharlottePunta Gorda
Babcock Ranch LotsBabcock Ranch
Property Holdings, LLC
Meritage Homes of Florida, Inc.
$2,420,000 44 $55,000forty-four developed lots
within Babcock Ranch
12/9/19 Lee Fort MyersMiromar
Development/SEC of Ben Hill Griffin & Alico
Steward Slough Cattle Company, LLC
ML Resort Parcel, LLC
$11,500,000 22.0 $523,918110 Residential Units and
amenities
12/11/19 CharlottePunta Gorda
Babcock Ranch Lots/LandBabcock Ranch
Property Holdings, LLC
PULTE HOME COMPANY LLC
$2,490,000All of Babcock Ranch
Community Edgewater
12/12/19 Lee Cape Coral SW 3rd Place & SW Pine Island Road
Vellero Holdings, LLC
Cape Crusader 1114, LLC
$7,375,000 12.5 $590,000 HCA Hospital Purchase
12/12/19 Lee Fort MyersTerminal Access Park/ 75 & Terminal Access Road
Sarah Mercedes Rodriguez
Terminal Access Park, LLC (Knott
Realty)$5,700,000 122.8 $46,436 Tradeport Future Land Use
12/5/19 Lee Fort MyersEchelon Forum/Dynasty
Drive along Colonial Blvd.
Champion Development Corporation
Echelon Forum, LLC $4,250,000 8.8 $482,955 195 $21,795Proposed Apartment
Complex within the Forum DRI
12/27/19 Lee Cape CoralJudd Creek/ Southside of Pine Island Road, west of
41VK Judd Creek, LLC
Continental 466 Fund, LLC
$3,200,000Proposed Apartment
Complex
12/26/19 CharlottePunta Gorda
Biscayne 130/El Jobean Adjacent to Murdock
Village
Lux Biscayne Properties, LLC
Lennar Homes, LLC $3,500,000 125.9 $27,793 358 $9,777Planned Subdivision by
Lennar Homes
12/30/19 Lee Fort MyersSilver Hills/2220 West First
Street2220 West First
Street, LLCESH Fort Myers, LLC $12,500,000 5.5 $2,264,493 387 $32,300
Proposed 327 Unit MF Apartment Project on 4.46
Acres W/ TIF Financing 1.06 Acres Planned For 60 Condos
*Representative Sample
Data compiled, analyzed and presented by LSI Companies, Inc. The statements and figures presented herein, while not guaranteed, are secured from sources we believe authoritative. This proprietary information may not be reproduced without the permission of LSI Companies Inc.
REPRESENTATIVE LAND TRANSACTIONS Q3 2019 - Q2 2020*
| 2 3 |
Sale Date County City Project Name/Location Seller Buyer Price AcresPrice per
AcreUnits /
LotsPrice per Unit/Lot
Comments
1/2/20 Lee Fort MyersNWC of Bayshore Road & I-
75Bayshore Lee, LLC HYFT Bayshore, LLC $3,750,000 43.0 $87,120
Mixed use development industrial, future RaceTrac
Gas Station
1/6/20 CharlottePunta Gorda
Charlotte Commons Apartments
Charlotte Commons Venture, LLC
Charlotte Commons Apartments, LLC
$3,588,500 16.0 $87,120 265 $13,542Proposed Apartment
complex near Peachtree Boulevard & I75
1/6/20 Lee Fort MyersAloia Parcel/ Treeline & Terminal Access Road
Aloia TrusteesTerminal Access Park, LLC (Knott
Realty)$8,000,000 68.0 $87,120 Tradeport Future Land Use
1/9/20 Lee Fort MyersNeoGenomics/ Gulf Coast
Business CenterPaul Freeman Seagate - Alico I, LLC $5,349,317 13.7 $389,892 250,000 $21
NeoGenomics Headquarters site, allocated 250,000 SF of
Commercial/Office Floor Area
1/14/20 Collier Naples
Argo Livingston/ S of Veterans Memorial
Boulevard WS of Livingston Road
Enclave-Livingston, LLC
Argo Livingston, LP $10,050,000 40.6 $247,842 77 $130,519Planned SF Community W/
77 66' lots.
1/16/20 Collier NaplesEnbrook/SS of Manatee
Road E of Collier Boulevard
Rimar Enterprises, Inc.
FORESTAR USA REAL ESTATE GROUP INC
$9,500,000 66.4 $143,137 298 $31,879298 unit35' Twin-Villa
Community
1/22/20 Lee Fort MyersRiver of Life Assemble /
WildBlue Entrance Corkscrew Road
Alico East Fund, LLCRiver of Life
Assembly of God$1,400,000 9.8 $142,743
River of Life Assembly Future Church
1/27/20 Lee Fort Myers 9950 Interstate Commerce Park
SLF IV - FL Bonita Alico, LLC
Alico Road, LLC $1,300,000 2.6 $509,804 Planned Retail Strip, 7,953 and 8,000 SF
1/28/20 Lee Fort MyersCypress Woods RV Resort
/ N of Luckett S of Tice Street
5551 Luckett RoadLaguna Caribe at
Cypress Woods, LLC$2,425,000 35.6 $68,118 137 $17,701
Planned RV Park, water management pond in-place
1/31/20 Collier Naples Naples Reserve / Crane Point & Bimini Isle
SFI Naples Reserve, LLC
SDNR, LLC $4,947,600 31 $159,600 Developed Lots within Naples Reserve
1/31/20 Lee Fort MyersCypress Village / ES
Winkler Ave / S of ColonialSteven Weisberg Blue Casl II, LLC $1,300,000 3.8 $340,315 95 $13,684
5-Story apartment building, affordable
1/31/20 Collier Naples Naples Reserve / Crane Point & Bimini Isle
SFI Naples Reserve, LLC
SDNR, LLC $13,406,000 84 $159,595 Developed Lots within Naples Reserve
2/13/20 Lee Cape CoralThompson Thrift/ Del
Prado & Pine Island Road
Little Star Development, LLC &
multiple
Pine Island Cape Coral FL, LLC
(Thompson Thrift)$6,095,500 10.4 $587,801
Redevelopment of Multiple Parcels into Shops on Pine
Island
2/14/20 Collier Naples Naples Reserve / Coral Harbor
SFI Naples Reserve, LLC
DR Horton Inc. $1,893,559 26 $72,829 Developed attached lots within Naples Reserve
2/20/20 Lee Fort Myers 7-Eleven Luckett / NWC of I-75 & Luckett Road
Luckett Landing, LLC 3885 Luckett FL, LLC (Creighton)
$1,590,000 2.9 $542,662 7-Eleven Gas Station, 20 Pumps
3/4/20 Lee North Fort Myers
Brightwater Residential Development
North Brook Holdings, LLC
DR Horton $1,771,000 33 $53,667 33 Lots totaling 1,610 FF equaling $1,100 per FF
3/9/20 Collier NaplesFounders Square /
Immokalee Road & Collier Boulevard
BCHD Partners II, LLC
DD Pelican, LLC $9,800,000 25.6 $383,562 400 $24,500400 unit planned apartment
project
3/19/20 Lee Cape Coral Safstore Chiquita /4132 Chiquita Boulevard S.
Newcom Real Properties, LLC
Safstor Chiquita, LLC $1,416,000 3.0 $480,000 Planned Storage Facility
3/20/20 Lee Fort MyersGulf Coast Business Center/ 9599 Gulf
Research LanePaul H. Freeman SBRC Holdings, LLC $2,909,554 8.4 $348,450 60,000 $48
Scotlynn Office Building, 80,000 square feet allocated
for development
4/1/20 CharlottePunta Gorda
East of Tamiami Trail NS of Harborview Road
MultipleFamily Health
Centers of SWFL$2,600,000 15.6 $166,560
Comp Plan and rezoned prior to closing for use as
health center site
4/20/20 Lee Fort Myers Hibiscus - Orchid Isle / Michigan Ave & Ortiz
RHS Urban LLC BDG Hibiscus Apartments, LP
$1,200,000 6.1 $195,759 96 $12,500 four 24 unit three story MF buildings
4/22/20 Lee Fort MyersThree Oaks Market Place /
NS of Alico West of I-75
Sanford Horowitz/Alan C.
Freeman
BW Alico Three Oaks, LLC
$1,650,000 2.5 $654,762 Planned WaWa Gas Station
*Representative Sample
Data compiled, analyzed and presented by LSI Companies, Inc. The statements and figures presented herein, while not guaranteed, are secured from sources we believe authoritative. This proprietary information may not be reproduced without the permission of LSI Companies Inc.
REPRESENTATIVE LAND TRANSACTIONS Q3 2019 - Q2 2020*
| 2 4 |
Sale Date County City Project Name/Location Seller Buyer Price AcresPrice per
AcreUnits /
LotsPrice per Unit/Lot
Comments
4/27/20 Lee Fort MyersLegacy Gateway TH / N of
Daniels Serenity Lake Drive
Bell Gateway Investments, LLC
Fort Myers Gateway, LLC
$2,800,000 20.9 $133,676Planned Townhome
Community
5/13/20 Lee Fort MyersNS of Kelly Road
Connection to SS of McGregor Boulevard
R3C, LLCMahanna Breeze,
LLC$1,200,000 8.1 $147,601
Affordable housing project, applicant seeking bonus density for a total of 116
unit project
5/15/20 Lee Fort Myers 2543 First StreetCompass USA SPE,
LLCSoho Sight, LLC $3,000,000 2.0 $1,500,000
Proposed multistory apartment project along the
river in downtown Fort Myers
5/28/20 Lee LehighBlackStone Drive 7/11 / SR 82 East of Alabama Drive
HML of Lehigh Acres, LLC
38303 Lehigh Acres, LLC
$1,000,000 2.4 $413,224 Planned 7/11 Gas Station
5/28/20 Collier NaplesTreefarm PUD / WS of Collier Boulevard N of
Immokalee Road
TBC Tree Farm 2, LLC
WPPI Naples TF, LLC $6,435,000 18.5 $348,592 286 $22,500Planned 6 building apartment project
6/3/20 Lee Cape CoralPalms at Cape Coral /
Nelson Road / SW Pine Island Road
Nelson Road 2005, LLC
701 SW Pine Island Road, LLC
$2,500,000 10.0 $250,000Planned 280 Unit on 14.5 acres MF Project, 10 acres
sold
6/9/20 Collier NaplesTollgate Commercial
Center /N of Beck Blvd. E. of Collier Boulevard
Hoffman Naples Tollgate, LLC
Creekside Tollgate, LLC
$4,300,000 9.8 $437,436Platted Industrial Land
visible from I75
6/25/20 Lee Cape Coral 1401 SW Pine Island Road Inge Properties, Inc. GNS Holdings, LLC $1,840,000 6.5 $283,295 Planned Grocery Store
6/26/20 Collier NaplesTreefarm PUD / WS of Collier Boulevard N of
Immokalee Road
TBC Tree Farm 2, LLC
Habitat for Humanity of Collier
County$2,916,475 18.5 $157,989 120 $24,304
Planned 120 unit habitat community
6/29/20 Lee Fort Myers River Hall Country Club RH Venture III, LLC Pulte Home Company
$1,955,405 25 $78,216 24 70' Lots in Block A 1 55 Lot in Block B
7/1/20 Lee Fort Myers
Verandah (Edgewater Trace)/Palm Beach
Boulevard & Verandah Boulevard
KH Verandah, LLCNeal Communities
of Southwest Florida$2,415,000 23 $105,000
23 70' lots Within the Verandah Community
7/9/20 Lee Cape CoralNE 19th Ave & Pondella
RoadMerits Holding Company Inc.
Spacebox Cape Coral, LLC
$1,000,000 5.5 $180,962
Planned for self-storage facility, construction permits
issued, NEC to remain developable
7/15/20 Collier NaplesFounders Square /
Immokalee Road & Collier Boulevard
BCHD Partners II, LLC
Founders Storage / Childcare
McFarland, LLC$2,650,000 2.3 $1,152,174
110,000 SF 3-Story climate controlled storage facility
7/17/20 Lee Fort MyersPlantation & Crystal Drive
/ 2601 Crystal Dr.Crystal Plantation,
LLCJM&J Leasing Fort
Myers, LLC$1,075,000 4.4 $242,117
Planned for a 16,155-SF single-story single-tenant
light industrial facility with a 52,039-SF gravel area to be
utilized for storage
7/24/20 Lee Fort MyersArborwood Village Tract
1/WS of Treeline N of Daniels
Treeline 200, LLCPremium 200
Treeline Avenue, LLC
$2,000,000 10.0 $200,000 156 $12,821
156 MF units can be converted to retail, office,
hotel or ALF, part of Arborwood Village CPD
7/30/20 Lee Fort Myers Hibiscus - Orchid Isle / Michigan Ave & Ortiz
RHS Urban LLC AGPM Acquisitions, LLC
$800,000 6.7 $119,403 44 $18,182 7 / 8 Unit Condo Buildings
*Representative Sample
Data compiled, analyzed and presented by LSI Companies, Inc. The statements and figures presented herein, while not guaranteed, are secured from sources we believe authoritative. This proprietary information may not be reproduced without the permission of LSI Companies Inc.
REPRESENTATIVE LAND TRANSACTIONS Q3 2019 - Q2 2020*
| 2 5 |
Elevation 2
Elevation 1Now building a strong and thriving neighborhood in partnership with 150 homeowners
Learn More: habitat4humanity.org/heritage-heights
1,750+families served
since 1982
A 24-acre Habitat community in Harlem Heights with 150
a�ordable single-family andmulti-family homes
Thank you to Barraco and Associates, Inc. for donating this ad space to Habitat for Humanity of Lee and Hendry Counties
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ORAL REPRESENTATIONS CANNOT BE RELIED UPON AS CORRECTLY STATING REPRESENTATIONS OF THE DEVELOPER. FOR CORRECT REPRESENTATIONS, MAKE REFERENCE TO THIS BROCHURE AND TO THE DOCUMENTS REQUIRED BY CHAPTER 718.503, FLORIDA STATUTES, TO BE FURNISHED BY A DEVELOPER TO A BUYER OR LESSEE.
New single-family home Destination Living from the $300’s !
Models Open Daily: 17067 Ashcomb Way Estero, FL 33928 * www.ThePlaceatCorkscrew.com
| 2 6 |
COMMERCIAL ANALYTICS - RETAILQ2 2020
View the full Q2 Market Trends report at www.LSIcompanies.com
Data compiled, analyzed and presented by LSI Companies, Inc. The statements and figures presented herein, while not guaranteed,
are secured from sources we believe authoritative.
This proprietary information may not be reproduced without the permission of LSI Companies, Inc.
*Rents shown above are considered triple net
Collier County Retail Space
| 2 7 |
COMMERCIAL ANALYTICS - RETAILQ2 2020
Data compiled, analyzed and presented by LSI Companies, Inc. The statements and figures presented herein, while not guaranteed, are secured from sources we believe authoritative. This proprietary information may not be reproduced
without the permission of LSI Companies, Inc.
Lee County Retail Space
Charlotte County Retail Space
| 2 8 |
COMMERCIAL ANALYTICS - INDUSTRIALQ2 2020
View the full Q2 Market Trends report at www.LSIcompanies.com
Data compiled, analyzed and presented by LSI Companies, Inc. The statements and figures presented herein, while not guaranteed,
are secured from sources we believe authoritative.
This proprietary information may not be reproduced without the permission of LSI Companies, Inc.
Collier County Industrial Space
*Rents shown above are aggregated
| 2 9 |
COMMERCIAL ANALYTICS - INDUSTRIALQ2 2020
Data compiled, analyzed and presented by LSI Companies, Inc. The statements and figures presented herein, while not guaranteed, are secured from sources we believe authoritative. This proprietary information may not be reproduced
without the permission of LSI Companies, Inc.
Lee County Industrial Space
Charlotte County Industrial Space
| 3 0 |
COMMERCIAL ANALYTICS - OFFICEQ2 2020
View the full Q2 Market Trends report at www.LSIcompanies.com
Data compiled, analyzed and presented by LSI Companies, Inc. The statements and figures presented herein, while not guaranteed,
are secured from sources we believe authoritative.
This proprietary information may not be reproduced without the permission of LSI Companies, Inc.
Collier County Office Space
*Rents shown above are gross rents
| 31 |
COMMERCIAL ANALYTICS - OFFICEQ2 2020
Data compiled, analyzed and presented by LSI Companies, Inc. The statements and figures presented herein, while not guaranteed, are secured from sources we believe authoritative. This proprietary information may not be reproduced
without the permission of LSI Companies, Inc.
Lee County Office Space
Charlotte County Office Space
| 3 3 |
Date Sector Building Type Project Name Permit Value Building Area (Sq. Ft.) Site AddressAug-19 Healthcare Freestanding Single Story EMS within Hacienda Lakes $2,100,000 5,061 3675 The Lords WayMay-20 Office Medical Physicians Regional Medical 4 Story Medical Office $11,688,144 107,412 6376 Pine Ridge RoadJun-20 Office Medical Two-Story Medical Office Building $8,600,000 34,275 8831 Founders Square DriveJan-20 Office Office 3-Story Lutgert Professional Center $6,500,000 44,583 4850 Tamiami Trail N.Feb-20 Office Office Olympia Park Plaza $2,000,000 24,016 2340 Vanderbilt Beach RoadJul-19 Residential Residential Amenity Wellness Center Royal Wood Country Club $1,700,000 9,700 4304 Royal Wood Boulevard
Aug-19 Residential Residential Amenity Briarwood Apartments Clubhouse $2,820,000 8,743 10200 Sweetgrass CircleAug-19 Residential Residential Amenity Caribbean Park Amenity Center $2,000,000 7,180 1 Sunrise Boulevard Jun-20 Residential Residential Amenity Heritage Bay Golf & Country Club Café $1,200,000 5,065 10166 Heritage Bay BoulevardDec-19 Retail Car Dealership Two-Story Country Motor Cars of Naples - Ferrari $12,600,000 53,651 11291 Tamiami Trail NMar-20 Retail Car Dealership Germain BMW One Story Dealership & Service Facility $5,500,000 28,489 3707 Davis BoulevardSep-19 Retail C-Store WaWa Gas Station - Naples South Plaza $915,400 6,436 4939 Tamiami Trail EMar-20 Retail Freestanding Firestone Complete Auto Care $1,200,000 5,697 4070 Pine Ridge BoulevardMay-20 Retail Freestanding Mixed Use Retail Strip $850,000 10,846 13600 Immokalee RoadDec-19 Retail QSR PDQ Restaurant $500,000 2,782 5088 Airport Road N.Aug-19 Retail Restaurant Audubon Country Club Courtside Café $3,000,000 15,781 625 Audubon BoulevardFeb-20 Retail Restaurant Restaurant Row Building 6 $600,000 5,796 6485 Collier BoulevardFeb-20 Retail Restaurant Wendy's Restaurant $500,000 2,905 13030 Tamiami Trail E.Nov-19 Retail Shopping Center Gateway Shoppes at North Bay Shell Building $380,000 8,115 13565 Tamiami Trail NJan-20 Retail Strip Center Shops at Hammock Cove $1,000,000 6,533 5040 Tamiami Trail E.Sep-19 Self Storage Self Storage Single-Story Self Storage Building 1 & 2 $1,800,000 32,820 14970 Old 41Sep-19 Self Storage Self Storage Single Story Self Storage - Ave Maria $960,326 35,822 5324 Useppa DriveOct-19 Self Storage Self Storage Single Story Self Storage - Ave Maria $1,260,120 55,937 5320 Useppa Drive, Ave MariaJun-20 Self Storage Self Storage 3-Story Self Storage Building $5,560,000 94,201 13191 Tamiami Trail EJun-20 Specialty Fire Station Fire Station and Admin offices for Fire, EMS & Sheriff $7,127,063 22,869 5368 Useppa Drive Ave MariaAug-19 Specialty Parking Garage Ritz Carlton 3 Level Parking Garage (232 Stalls) $5,133,998 74,711 280 Vanderbilt Beach RoadOct-19 Specialty Public Welcome Center Collier Sports Complex $2,010,970 14,019 3940 City Gate BoulevardNov-19 Specialty Public Collier County Park Near Fairgrounds $16,679,000 60,701 810 39th AveMar-20 Specialty Public Food Truck Pavilion For Collier Sports Complex $1,800,000 7,120 3920 City Gate Boulevard N.Apr-20 Specialty Public Collier Sports Complex $10,000,000 28,132 3865 City Gate Boulevard S.Dec-19 Specialty Restaurant St Matthews House Restaurant & Dining Room $2,735,000 7,993 2125 Airport Road S.Nov-19 Specialty School Community School of Naples Science Building $6,500,000 26,443 13275 Livingston RoadNov-19 Specialty School 2-Story Keiser University $6,000,000 41,156 3909 Tamiami Trail EastMar-20 Specialty School Facilities Naples Community School Athletic Fields $4,100,000 3,088 13275 Livingston RoadJun-20 Specialty Storage Store Fire Gear and Fire District Vehicles $1,401,458 5,431 5362 Useppa Drive Ave Maria
Source: LSI
Data compiled, analyzed and presented by LSI Companies, Inc. The statements and figures presented herein, while not guaranteed, are secured from sources we believe authoritative. This proprietary information may not be reproduced without the permission of LSI Companies Inc.
COMMERCIAL PERMITTING ACTIVITYCOLLIER COUNTY | Q3 2019 - Q2 2020
| 3 4 |
Date Sector Building Type Project Name Permit Value Building Area (Sq. Ft.) Site AddressOct-19 Healthcare Freestanding Shell Point Health Center - Skilled Nursing Center $46,381,215 18000 Shell Point PlazaJul-19 Industrial Flex Quality Cabinets Gray Shell Building $1,200,000 19,800 7869 Drew CircleOct-19 Industrial Flex Florida Cancer office/distribution building $4,000,000 40,000 14543 Global ParkwayOct-19 Industrial Flex Office/Warehouse Lexington Commerce Center $450,000 14,982 4750 Lexington AvenueNov-19 Industrial Flex Office/Warehouse Backbay Center $300,000 7,200 12360 Crystal Commerce LoopDec-19 Industrial Flex Hotsy Pressure wash Office/Warehouse $400,000 6,700 6040 Landing View RoadJan-20 Industrial Flex Conditioned Air Office/Warehouse $3,421,732 41,910 14550 Global ParkwayJan-20 Industrial Flex Gator Golf Cars Retail and Service Building $950,000 9,052 14519 Global ParkwayJul-19 Industrial Hangar Wings on Danley Hangar $500,000 451 Danley DriveOct-19 Industrial Hangar JCP Leasing Hangar $669,500 8,800 2394 N Airport RoadJul-19 Industrial Warehouse Premier Airport Park Warehouse 2B $3,900,000 106,836 16240 Airport Park
Aug-19 Industrial Warehouse Metal Warehouse Building $550,000 16,093 6201 Topaz CourtNov-19 Industrial Warehouse Gray Shell Office/Factory Building $750,000 12,285 5621 Zip DriveJan-20 Industrial Warehouse Gulf Coast Industrial Campus Building 4 $2,746,240 44,800 16150 Lee RoadMar-20 Industrial Warehouse Alico Business Park $2,500,000 58,983 16311 Domestic AvenueMar-20 Industrial Warehouse Knott Southwest International Commerce Park $3,175,000 44,179 14601 Jetport LoopApr-20 Industrial Warehouse Alico Business Park $1,250,000 29,883 16291 Domestic AvenueMay-20 Industrial Warehouse Knott Southwest International Commerce Park $3,950,000 54,979 14651 Jetport LoopMay-20 Industrial Warehouse Knott Southwest International Commerce Park $3,175,000 44,179 14661 Jetport LoopMay-20 Industrial Warehouse Shell Building Alico Road Business Park $200,000 15,200 16111 Lee Road Jun-20 Industrial Warehouse Premier Airport Park 1A $3,900,000 106,000 16171 Premier Park DriveJul-19 Lodging/Resort Hotel Holiday Inn Express - 80 rooms $7,393,317 47,521 11171 Summerlin Square Drive
Nov-19 Lodging/Resort Hotel 4-Story 123 Room Home 2 Suites $7,000,000 73,077 10400 Airkraft CourtOct-19 Office Freestanding FineMark Bank Headquarters $17,000,000 65,249 8695 College ParkwayApr-20 Office HQ Neogenomics Building 1, 2 & 3 $37,700,000 75,000 9490 Neogenomics WayAug-19 Office Medical Heartland Dental Summerlin Ridge $719,080 4,216 16159 Myriad LaneJun-20 Office Medical Family Health Centers Summerlin $7,000,000 36,300 11100 Summer Ridge LaneJul-19 Office Office Seagate Office Building $2,000,000 12,966 9921 Interstate Commerce Park
Aug-19 Residential Residential Amenity Club at Gateway Dining & Fitness Addition $3,659,000 26,960 12091 Gateway GreensMar-20 Residential Residential Amenity Wildblue Sports Center $2,000,000 13,801 18701 Wildblue BoulevardJun-20 Retail Auto parts AutoZone Part Stores $675,000 7,385 83 Joel Boulevard Lehigh AcresApr-20 Retail Bank Fifth Third Bank $750,000 2,440 11550 Majestic Palms BoulevardFeb-20 Retail Car Dealership Jaguar Land Rover Dealership $6,500,000 58,419 15875 S Tamiami TrailJul-19 Retail C-Store 7-Eleven C-Store & Gas Station $324,876 2,720 6715 Winkler RoadOct-19 Retail C-Store Murphy Fort Myers Gas Station $500,000 1,200 17061 San Carlos BoulevardOct-19 Retail C-Store 7-Eleven C-Store $250,000 3,110 18971 SR 31Jan-20 Retail C-Store RaceTrac at Palm Beach Boulevard $900,000 6,081 12050 Palm Beach BoulevardMar-20 Retail C-Store 7-Eleven C-Store $250,000 4,633 5951 Enterprise ParkwayJun-20 Retail C-Store 7-Eleven C-Store $250,000 3,520 76 Blackstone DriveMar-20 Retail Daycare Busybee Daycare $785,000 6,288 505 Sunshine BoulevardNov-19 Retail Discount Retailer Dollar General $400,000 7,555 544 Meadow Road, Lehigh AcresOct-19 Retail Freestanding Indoor Batting Cages Shell Building $1,300,000 21,000 14607 Ben C. Pratt Six Mile Cypress ParkwayOct-19 Retail Freestanding Golf Training Center $235,000 1,408 12855 Renaissance WayFeb-20 Retail Freestanding ABC Liquor Store $1,372,500 10,980 10981 Saxum DriveFeb-20 Retail Freestanding American Outdoors Recreation Building $650,000 4,600 16900 S Tamiami TrailMar-20 Retail Freestanding Alico Retail Center $1,500,000 11,950 16421 Corporate Commerce WayMay-20 Retail Freestanding Senyah Commercial Building $150,000 2,100 5421 Lee StreetAug-19 Retail QSR Shell Building for Starbucks $400,000 2,000 8595 College ParkwaySep-19 Retail QSR Burger King Restaurant $828,465 4,020 1160 Homestead Road N, Lehigh AcresJun-20 Retail QSR Panda Express $467,019 2,334 16421 Corporate Commerce WaySep-19 Retail Restaurant Cypress Trace Plaza Shell Building - Pizza Shop $500,000 3,700 13300 S Cleveland AvenueJan-20 Retail Specialty Pop-Stroke Mini Golf Course $1,250,000 6,900 5531 Six Mile Commercial CourtJun-20 Self Storage Boat Storage Marine Max Boat Storage $1,500,000 18,728 14010 McGregor BoulevardJun-20 Self Storage Car Storage Island Storage Man Caves $630,000 9,918 10950 Old South WayJun-20 Self Storage RV/Boat Storage Jetport RV & Boat Storage $1,666,665 100,281 14600 Jetport LoopJul-19 Self Storage Self Storage Lock Up Self Storage 4-Story $5,000,000 106,016 12700 University DriveApr-20 Self Storage Self Storage Island Storage Suites $816,000 12,650 10952 Old South WayApr-20 Specialty Airport RSW Airport Traffic Control Tower $44,000,000 11000 Terminal Access RoadSep-19 Specialty Church Good Shepherd Admin Building $1,000,000 4,867 2951 Trail Dairy CircleMar-20 Specialty Church Lehigh Kingdom Hall $500,000 3,695 4716 Lee BoulevardOct-19 Specialty Community Center SPRC Enclave Community Building $400,000 3,716 17100 On Par BoulevardAug-19 Specialty Freestanding Pet Paradise Boarding Facility $3,200,000 14,948 6750 Alico RoadOct-19 Specialty Learning Center Heights Foundation Early Learning Center $9,500,000 35,858 15570 Hagie DriveOct-19 Specialty Learning Center Athenian Academy Three Oaks $7,600,000 68,950 18851 Oak Center Drive
Source: LSI
Data compiled, analyzed and presented by LSI Companies, Inc. The statements and figures presented herein, while not guaranteed, are secured from sources we believe authoritative. This proprietary information may not be reproduced without the permission of LSI Companies Inc.
COMMERCIAL PERMITTING ACTIVITYLEE COUNTY | Q3 2019 - Q2 2020
| 3 5 |
Date Sector Building Type Project Name Permit Value Building (Sq. Ft.) Site AddressAug-19 Industrial Flex ECH Headquarters $1,990,880 14,000 2945 Van Buren StreetOct-19 Industrial Flex Laredo Avenue Building $5,758,013 77,210 9369 Laredo AvenueOct-19 Industrial Flex Laredo Avenue Building $5,734,596 76,896 9377 Laredo AvenueOct-19 Industrial Warehouse 2 Pre-Engineered Metal Building $1,198,860 15,000 3350 Palm AvenueOct-19 Industrial Warehouse Warehouse Building $800,000 18,700 2566 Rockfill RoadNov-19 Industrial Warehouse Warehouse/Office Space $965,619 8,417 4675 Elevation WayFeb-20 Industrial Warehouse Metal Building $838,980 9,000 3792 Ironbridge BoulevardApr-20 Industrial Warehouse Westbury Trane Facility $3,893,528 3661 Ironbridge BoulevardApr-20 Industrial Warehouse Warehouse Building $838,900 9,000 3828 Ironbridge BoulevardJun-20 Industrial Warehouse Steel Warehouse Building $311,480 4,000 3170 Old Metro ParkwayJun-20 Industrial Warehouse Storage Works Metal Canopy Buildings $3,189,000 127,560 2950 Work DriveAug-19 Lodging/Resort Hotel 4-Story 118 Room Hotel $10,000,000 192,000 4333 Ford StreetApr-20 Office Freestanding 2-Story Office Building $790,232 5,854 2880 Ford StreetJun-20 Office Freestanding Storage Works Office Building $39,575 1,583 2950 Work DriveMay-20 Retail Freestanding Rooms-To-Go Furniture Store $2,440,580 19,419 5370 Cleveland AvenueAug-19 Self Storage Self Storage Extra Space Self Storage $1,547,452 16,600 3151 Winkler AvenueSep-19 Self Storage Self Storage Extra Space Self Storage Buildings 8 & 12 $5,266,930 56,500 3151 Winkler Avenue
Source: LSI
Date Sector Building Type Project Name Permit Value Site AddressJan-20 Office Medical Florida Cancer Specialists $2,460,000 8440 Murano Del Lago DriveJul-19 Retail Freestanding University Highlands Retail Shell Buildings $500,000 19533 Highland Oaks DriveSep-19 Retail Freestanding University Highlands Retail Shell Buildings 19521 Highland Oaks DriveSep-19 Retail Freestanding University Highlands Retail Shell Buildings 19527 Highland Oaks DriveJul-19 Retail Grocer Sprouts Grocery $1,650,000 19990 S Tamiami Trail Dec-19 Retail Grocer Aldi's Grocery $3,200,000 19951 S. Tamiami Trail
Source: LSI
Data compiled, analyzed and presented by LSI Companies, Inc. The statements and figures presented herein, while not guaranteed, are secured from sources we believe authoritative. This proprietary information may not be reproduced without the permission of LSI Companies Inc.
COMMERCIAL PERMITTING ACTIVITYFORT MYERS | Q3 2019 - Q2 2020
COMMERCIAL PERMITTING ACTIVITYESTERO | Q3 2019 - Q2 2020
| 3 6 |
Date Sector Building Type Project Name Site AddressMar-20 Specialty Fire station Cape Coral Fire station #2 521 Nicholas ParkwayMay-20 Specialty School Kids World Preschool 1942 Skyline BoulevardMay-20 Specialty School SWFL Autism Center 730 SW 4th StreetMay-20 Self Storage Mini-Storage Safstor Mini-Storage 4132 Chiquita BoulevardJul-19 Self Storage Self Storage Skyline Self Storage Buildings 824 SW 42nd TerraceApr-20 Self Storage Self Storage Safstor Mini-Storage 2710 Skyline BoulevardJun-20 Self Storage Self Storage StorQuest Buildings ABCDE 1975 SW Pine Island RoadJul-19 Retail Auto parts Firestone Complete Auto Care 905 Del Prado N.
Mar-20 Retail Bank Chase Bank 1119 Cape Coral ParkwayMar-20 Retail Car Wash Car Wash / Enterprise at Pine Island 331 NE Pine Island RoadApr-20 Retail Car-Wash Downtowner Express Car Wash 2002 Santa BarbaraAug-19 Retail C-Store WaWa Gas - Lucky Shopping Center 2603 Santa BarbaraDec-19 Retail Discount Retail Dollar General 4423 Chiquita BoulevardSep-19 Retail Grocer Lucky's Market 2603 Santa BarbaraJan-20 Retail QSR Burger King Restaurant 22 NE Pine Island RoadAug-19 Retail Shell Building Lucky's Market Shopping Center 2603 Santa BarbaraNov-19 Retail Strip Center 7 Unit Mink Retail Center 1306 Santa Barbara BoulevardOct-19 Office Freestanding Enterprise Rent-a-Car 331 NE Pine Island RoadJun-20 Office Freestanding Cabinet Genies 815 SE 47th TerraceJul-19 Office Medical Quigley Eye Specialist 112 Del Prado Boulevard N.Jul-19 Office Medical Cape Coral Medical Office 2125 SE 16th PlaceSep-19 Office Medical Viscaya Veterinary Clinic 1141 Country Club BoulevardMay-20 Medical Freestanding Bayfront Health Emergency Room 2521 Del Prado Boulevard NMar-20 Industrial Flex 7 Unit Warehouse 1421 Ceitus TerraceApr-20 Industrial Flex East Cape Flex 913 East Industrial CircleOct-19 Hotel Freestanding Fairfield Inn 1701 Old Pondella Road
Source: LSI
Data compiled, analyzed and presented by LSI Companies, Inc. The statements and figures presented herein, while not guaranteed, are secured from sources we believe authoritative. This proprietary information may not be reproduced without the permission of LSI Companies Inc.
COMMERCIAL PERMITTING ACTIVITYCAPE CORAL | Q3 2019 - Q2 2020
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Date Sector Building Type Project Name Permit Value Building Area (Sq. Ft.) Site AddressOct-19 Industrial Flex Southlinks Commons Building 8 $1,568,570 14,380 12621 Trade Way DriveOct-19 Industrial Flex Southlinks Commons Building 7 $1,568,570 14,380 12620 Trade Center WayMay-20 Retail Freestanding Retail Strip Project $687,931 5,407 11671 Bonita Beach Road SEJun-20 Retail Freestanding Aspen Dental Shell $312,433 3,748 28120 S Tamiami TrailFeb-20 Self Storage Self Storage Bonita Breeze Mini Self Storage $1,094,718 22,600 27696 Okeana StreetOct-19 Specialty Freestanding Visitor Center $783,573 6,520 9900 Estero BoulevardDec-19 Specialty Freestanding Greyhound Racing & Poker Room $4,753,420 38,000 28010 Race Track RoadJan-20 Specialty Pet Boarding Pet Paradise Indoor Boarding $1,800,055 17,275 8739 Commerce DriveJan-20 Specialty School YMCA Preschool $1,220,679 10,837 27200 Kent Road
Source: LSI
Date Sector Building Type Project Name Permit Value Site AddressJul-19 Industrial Warehouse Warehouse Building (Amigo Pallets) $1,580,000 28350 Woodlawn Drive
Aug-19 Industrial Warehouse Storage Building $295,000 25500 Technology Blvd.Sep-19 Lodging/Resort Resort Sunseeker Resort Hotel $101,970,280 4949 Tamiami TrailOct-19 Office Freestanding 4,000 SF office First Baptist $400,000 20035 Queseda AvenueJul-19 Retail Auto parts Firestone Complete Auto Care $1,200,000 2040 Beatrix BoulevardOct-19 Retail Carwash Carwash Facility $147,000 861 Tamiami TrailOct-19 Retail C-Store Circle K $500,000 19200 Veterans BoulevardJul-19 Retail Discount Retailer Dollar General $1,143,688 4386 N Access Road
Mar-20 Retail Freestanding Firestone Complete Auto Care $1,200,000 19560 Cochran BoulevardMar-20 Retail Freestanding Freestanding Retail Building $800,000 23498 McCaslin CourtMay-20 Retail Freestanding Auto Parts Store $750,000 24066 Peachland BoulevardJun-20 Retail Freestanding Sherwin Williams Paint Store $485,000 19150 Veterans BoulevardAug-19 Self Storage Mini-Storage Mini Storage Building $1,687,207 3700 Taylor RoadOct-19 Self Storage Mini-Storage 8 Unit Storage Facility $400,000 7030 San Casa DriveSep-19 Self Storage Self Storage Self Storage Facility $10,020,217 4536 Tamiami TrailNov-19 Self Storage Self Storage Commercial Storage Units $5,042,950 16442 Burnt Store RoadJan-20 Self Storage Self Storage Storage Building $783,289 3921 Taylor RoadJan-20 Self Storage Self Storage Storage Building $210,000 13370 Marathon BoulevardFeb-20 Self Storage Self Storage Storage Building $150,000 7030 San Casa DriveMay-20 Self Storage Self Storage Non Climate Controlled Metal Self Storage $8,717,708 2485 Luther Road
Source: LSI
Data compiled, analyzed and presented by LSI Companies, Inc. The statements and figures presented herein, while not guaranteed, are secured from sources we believe authoritative. This proprietary information may not be reproduced without the permission of LSI Companies Inc.
COMMERCIAL PERMITTING ACTIVITYBONITA SPRINGS | Q3 2019 - Q2 2020
COMMERCIAL PERMITTING ACTIVITYCHARLOTTE COUNTY | Q3 2019 - Q2 2020
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